Fiducon Belgium: what changed
Fiducon Belgium
Largest movements
- Financial fixed assets +€1.8m
new in 2025: €1.8m
- Receivables within one year +€60,314
up €60,314 (+28.7%), from €209,794 to €270,108
of which Trade receivables: +€54,193
- Other debts +€1.8m
up €1.8m (+3,566%), from €49,581 to €1.8m
- Tax, wage and social debts +€42,040
up €42,040 (+78.7%), from €53,431 to €95,471
of which Taxes: +€26,716
- Trade debts +€32,511
up €32,511 (+100%), from €32,427 to €64,938
- Gross operating margin -€44,173
down €44,173 (-22.7%), from €194,478 to €150,304
- Write-downs -€29,804
new in 2025: -€29,804
- Staff costs +€28,519
up €28,519 (+22.3%), from €127,635 to €156,154
- Taxes -€5,678
down €5,678 (-37.7%), from €15,044 to €9,366
- Other operating charges -€4,418
down €4,418 (-56.0%), from €7,884 to €3,465
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €226,506 | €2,080,789 | +€1.9m | +819% |
| Fixed assets | 21/28 | - | €1,798,200 | +€1.8m | |
| Financial fixed assets | 28 | - | €1,798,200 | +€1.8m | |
| Current assets | 29/58 | €226,506 | €282,589 | +€56,084 | +24.8% |
| Amounts receivable within one year | 40/41 | €209,794 | €270,108 | +€60,314 | +28.7% |
| Trade receivables | 40 | €103,984 | €158,177 | +€54,193 | +52.1% |
| Other amounts receivable | 41 | €105,810 | €111,931 | +€6,121 | +5.8% |
| Cash at bank and in hand | 54/58 | €16,712 | €12,481 | -€4,231 | -25.3% |
| Total equity and liabilities | 10/49 | €226,506 | €2,080,789 | +€1.9m | +819% |
| Equity | 10/15 | €88,231 | €102,447 | +€14,216 | +16.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €68,231 | €82,447 | +€14,216 | +20.8% |
| Distributable reserves | 133 | €68,231 | €82,447 | +€14,216 | +20.8% |
| Amounts payable | 17/49 | €138,275 | €1,978,342 | +€1.8m | +1,331% |
| Amounts payable within one year | 42/48 | €138,275 | €1,978,342 | +€1.8m | +1,331% |
| Financial debts | 43 | €2,835 | €353 | -€2,482 | -87.5% |
| Credit institutions | 430/8 | €2,835 | €353 | -€2,482 | -87.5% |
| Trade debts | 44 | €32,427 | €64,938 | +€32,511 | +100% |
| Suppliers | 440/4 | €32,427 | €64,938 | +€32,511 | +100% |
| Taxes, remuneration and social security | 45 | €53,431 | €95,471 | +€42,040 | +78.7% |
| Taxes | 450/3 | €30,024 | €56,741 | +€26,716 | +89.0% |
| Remuneration and social security | 454/9 | €23,407 | €38,730 | +€15,324 | +65.5% |
| Other amounts payable | 47/48 | €49,581 | €1,817,579 | +€1.8m | +3,566% |
| Remuneration, social security and pensions | 62 | €127,635 | €156,154 | +€28,519 | +22.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€29,804 | -€29,804 | |
| Other operating charges | 640/8 | €7,884 | €3,465 | -€4,418 | -56.0% |
| Gross operating margin | 9900 | €194,478 | €150,304 | -€44,173 | -22.7% |
| Operating profit (loss) | 9901 | €58,959 | €20,488 | -€38,470 | -65.2% |
| Financial income | 75/76B | €544 | €3,364 | +€2,820 | +518% |
| Recurring financial income | 75 | €544 | €3,364 | +€2,820 | +518% |
| Financial charges | 65/66B | €134 | €270 | +€135 | +101% |
| Recurring financial charges | 65 | €134 | €270 | +€135 | +101% |
| Profit (loss) for the period before taxes | 9903 | €59,368 | €23,583 | -€35,786 | -60.3% |
| Income taxes | 67/77 | €15,044 | €9,366 | -€5,678 | -37.7% |
| Profit (loss) for the period | 9904 | €44,324 | €14,216 | -€30,108 | -67.9% |
| Profit (loss) for the period to be appropriated | 9905 | €44,324 | €14,216 | -€30,108 | -67.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.